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WEST VIRGINIA RECORD

Tuesday, November 5, 2024

Nicholas Malfitano News


Settlement ends $1B litigation between companies owned by Gov. Jim Justice, and Carter Bank & Trust

By Nicholas Malfitano |
DANVILLE, Va. – A confidential settlement has been reached to end a $1 billion lawsuit between a host of companies owned by Gov. Jim Justice, and those companies’ veteran creditor, the Martinsville-based Carter Bank & Trust.

Lawmakers in Oklahoma, West Virginia the latest to call for rejection of ALI's insurance Restatement

By Nicholas Malfitano |
PHILADELPHIA – Oklahoma and West Virginia can be added to the growing list of states seeking to formally reject the American Law Institute’s controversial Restatement of the Law of Liability Insurance - a project that some see as evidence of an ideological shift at the organization that amounts to a power-trip.